Food group Nestle confirmed its full-year outlook on Thursday after first-quarter underlying sales growth of 3.9 percent beat expectations.
European markets ended mostly higher on Monday as a recovery in oil prices and a rally in Italian banks, boosted sentiment.
The Easter Bunny tends to put a bounce in chocolate sales, but the industry is under threat from changing consumption patterns and difficulties with cocoa farming.
The coffee chain will launch espresso pods compatible with Nestle's single serve brewing system in Europe.
Some of the names on the move ahead of the open.
Several food items have been recalled this week, including junk food favorites like pizza and chicken nuggets.
The food maker is voluntarily recalling nearly 3 million boxes of frozen meals.
Europe finished mixed on Thursday as optimism on earnings, failed to completely offset turbulence surrounding various commodities.
Food group Nestle said it expected softer pricing and growth in line with last year in 2016.
China growth is based on consumption, which is where Nestle connects with the country, says its CEO, Paul Bulcke, while discussing the company’s confidence in the country.
Nestle CEO, Paul Bulcke reveals what really matters to the company, after it released its latest earnings.
Sake lovers in Japan can now try out the new white chocolate KitKat bars featuring sake powder.
Beginning Feb. 1, a sake-flavored KitKat will be available in Japan.
U.K. authorities upheld a complaint from a lobby group that argued the tag-line encouraged poor nutritional habits in children, the FT reports.
Despite a severe rout in the prices of most commodities, cocoa prices have rallied 13 percent this year.
The Sweet Leaf Tea Company recalled more than 1.5 million bottles of its tea on Thursday due to the possible presence of glass fragments.
Nestle has restarted sales of its Maggi noodles in India after food safety fears left the company with $77m in losses, the FT reports.
China's two-child policy is meant to spur growth, but a look at Singapore shows why it may not work, says Curtis Chin.
China's easing of the one-baby rule may not be enough to cure its slowing fertility rate and aging population problem.
Pumpkin production is keeping pace with demand, having risen 31 percent in the last decade.